Salem Erode Investments Limited (SALEM.BO) is an India-based non-banking financial company (NBFC) that provides gold loans, business loans, hire purchase loans, and other financing services to retail customers; it also engages in investments and lending activities with or without security. Incorporated in 1931 as Salem Erode Electricity Distribution Limited in Kolkata, West Bengal, the company changed its name to Salem Erode Tea & Investment Co. Limited in 1975 and to its current form in 1992, with headquarters registered under the Registrar of Companies in Chennai, Tamil Nadu; it operates primarily through 12 branches in southern India and plans pan-India expansion. The company was acquired by ICL Fincorp Limited on February 17, 2020, shifting its primary focus to gold loan financing while diversifying into additional retail asset products aligned with its holding company's offerings; recent developments include the approval and issuance of unlisted secured redeemable non-convertible debentures, such as 7,500 units in September 2025 and 10,500 units in November 2025, alongside board approvals for private placements to support growth.